Yinson Holdings Bhd.MYX: YINSON

YINSON: Profit after tax rose 9% to RM512 million despite a 29% revenue decline year-over-year

· Issued by Yinson Holdings Bhd.

Revenue declined 29% year-over-year due to lower EPCIC activity, but profit after tax rose 9% to RM512 million, driven by FPSO Anna Nery. The group improved its current ratio and remains optimistic for FY2025, focusing on core FPSO and renewables growth while managing macroeconomic risks.

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